Cochlear Stock Faces Crucial ASX Open After Post-Crash Bounce Fades
Cochlear shares closed at A$96.33 on Friday, up 0.95% for the day but down 3.6% from the previous week. The stock remains volatile after plunging 40.7% on April 22, when Cochlear cut its FY26 profit outlook to A$290 million–A$330 million on weak demand. Normal ASX trading had not started as of 07:06 AEST Monday.